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Welcome!
I’d like to welcome you to the monthly update from ProVenture, especially if this is your first issue. We hope you find this short newsletter of interest and that it keeps you up-to-date with the property investment scene in Germany.
Please scroll down to read the newsletter, if you have any questions regarding investment properties in Germany, please do not hesitate to get in touch.
enquiry@proventureproperty.com
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A Historical Look at Prices in Leipzig
A common question we get from investors is what has been the price history in the areas in which we operate. Whilst some good data is available in the capital Berlin, finding price history in cities such as Leipzig can be difficult to find in the public domain. During this article, we will try and provide some guidance on price histories since re-unification and of the past 3 years in particular. We will then make some predictions on how prices will develop in the coming years. Please click here to read the remainder of the article.
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Germany Exports Race Ahead at the Fastest Pace in a Decade
Berlin – German exports will breach the key 1-trillion-euro (1.4 trillion dollars) mark for the first time in 2011 after racing ahead this year at their fastest pace in a decade, the nation’s trade association said last month.
The Association of German Exporters and Wholesalers (BGA) said exports from Europe’s biggest economy will grow at about 16 per cent this year to 937 billion euros amid strong foreign demand from the world’s major emerging economies. Please click here to view the article online.
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 The Cheek of it… Berliners Strip in protest of City’s Sky High Rents
The movement is sending shock waves through the normally orderly world of Berlin estate agents: when they show off apartments for rent, their presumed tenants strip off and prance around wearing nothing but Mickey Mouse masks to hide their identities.
The protesters, who paint their naked bodies with slogans such as “too expensive” and “rip off”, pose as ordinary would-be tenants and queue up to “view” expensive apartments to let. Find the full article here, if you dare…. no more buttocks, I promise!
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Ifo Business Survey – October 2010
The Ifo Business Climate indicator for industry and trade in Germany continues its climb in October. The firms have once again given more positive assessments of their current business situation and their business expectations have improved. The engine of economic activity is running smoothly. Full Summary
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An Innovative Solution to Tax Filing
Property Tax International (PTI) has been providing non-residents with property investments in Germany with the most affordable tax filing service on the market since 2005. We understand our clients requirements and ensure your investments profit potential is maximised by minimising your German tax liability.
Naturally, there is a mandatory tax requirement associated with the acquisition and ongoing rental of your German property which is where PTI’s expertise comes in. By combining the experience we have gained over our years in the business with the in-depth knowledge of our accountants working in the field, we can provide you with a hassle free and cost efficient German tax service that takes care to ensure your tax obligations are addressed in Germany and in the UK or home country.
We provide excellent rates on complete apartment houses; please contact us for more information.
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We are focused on helping you make successful investments in the German property market. Our team has offices in Germany and the UK. We will not only find you the very best German property for sale in Berlin, Leipzig, Dresden and Saxony- we will also assist with the purchase and make sure that your investment property is well managed throughout your term of ownership.
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